Added: 1 year ago
From: MrSilvergoldsilver
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  • So this is what it is like to be rich and do drugs.

  • HAHA He called the bear a sheep and a donkey. PRICELESS.

  • @watchersx hahaha...funny, but so true. These bears are awesome!!

  • If there is no issue, there will be no extra cost.

    Hence the growth of shareholder value depends on the production of money?

  • I like Robo-Voice. Funny. However, Some of the Words are Distorted. So Please address. Good Stuff. Post MORE!

  • @watchersx dont forget max keiser :)

  • these videos rock! i got my physical

  • what do you mean by a TWO MONTH WINDOW? Silver is nearly $48 an oz right now. Do you anticipate that it will drop down to a significantly lower price Before it goes up to $100 and ounce?

  • @wcoy79 And back to $40 ..

  • Why did You not show me this video sooner!!! Nevertheless, price means nothing, buy silver.

  • i don't know who you are but.... i love you

  • well thats what you get for trying to screw China over. Qing Dynasty was basically a black hole for the west's silver as they bought silk, tea and other shit.

    the deficit was so bad the british needed to use OPIUM WARS to try and break the trend.

    you are crazy if you think Chinese dont know how to play the economic game. even now China gets away with all sorts of things like currency manipulation because of all the US debt it holds.

  • So wait, the Chinese want the physical metal back and not the fiat money. Why does that force Bernanke to print money?

  • Silver above the 35 dollar. We take it to 50 dollar this year at minimum.

    Join the ride and buy physical silver!!!

  • nearly $34 today :D but of course spot price is fiat and it means nothing, but $34 :D.

  • Appreciate the feedback, but remember you are under the impression that price is = to value. They are not. Example 1970 an all brick home 1 level cost $20,000, now vinyl siding 2 story $150,000. The price is higher but the all brick is more valuable. Therefore, when the fiat is revalued into whatever form of conversion an apple laptop computer may cost you $1, and you 1oz is worth $35. I urge you to make sure you understand the difference between price and value, they are not equal.

  • @moccproperties What is your definition of value? Intrinsic? or you basing off marginalist value theory? My theory is this: Price =supply+demand+inflation, thus the only difference in that 'price' is a reflection of the demand of the goods necessary at the time the house was being built + the cost of inflation (money supply). A house is a house. Doesn't matter when it was built, same materials, price is different b/c the of money supply. value is one's objective view based on use.no?

  • @MrSilvergoldsilver Price = Value + NPV of expected future returns . The real challenge is to figure out what sort of expectations a market is generating. The silver market, while highly volatile, is generating unrealistic levels of return expectation. Here's a second economic formula for ya. Reasonably of expectation for a return = cost of capital - (NPV of expected future return)/Price. Thus, the less profitable a choice, the worse it is.

  • @moccproperties - you may need to take a look into something called purchasing power parity.

  • thank you for your response. I disagree however with the remark on being a sheep if you hold physical silver during hyperinflation. If you purchase shares you purchase via fiat currency and will receive dividends or capital gain via fiat currency. If you hold the physical when the currency revalues, you maximize your gains exponentially! ! ! It's once the currency is Nationalized is when your leave the physical and move to stocks and real estate. Just follow the gold/dow ratio.

  • @moccproperties You maximize your gains exponentially? really. What happens if they revalue1 new dollar for 100,000,000,000,000,000,000 to old dollars? You actually might take a loss. And in those times, the last thing you will be worried about when your street is on fire is how your paper portfolio over at Meryl Lynch is doing...but I guess everyone has their own end game, I can appreciate that,

  • @MrSilvergoldsilver Don't be a fool, if a "new-labor exchange currency dollar" becomes worth a million old ones, then the value of your $10 silver oz will be 10 million old "Federal Reserve Company ducat-dollars". The figure is more likely to be in the thousands and any value-rebalancing will take many years.

  • Man I love these videos, are things getting better? stocks are hitting new highs, its hard to ignore all these good news about the economy, but what you is saying is very clear, 2 month window then what happens? comex default in silver? what happens to that market? the comex goes bust? all the trading vehicles that traders use everyday vanish? no oil futures? no gold futures? no commodity futures? is this what is coming? I think i know the answer to this, time to get physical.

  • want to help crash JP Morgan? Then become an agent for a German bank expanding worldwide over Feb/Mar 2011. Just click on my name and visit my channel to find out more about selling Gold Kinebar and Silver Bullion. Free sign up. Free support. Free website. Loads of information on my channel. Check it out

    I look forward to working with you.

    Kevin J Duffy

  • MrSilvergoldsilver,

    Sir, you are a patriot for liberty!

  • keep these vids coming!!!!!

  • ahahahahah wtf are you complaining about ahahahahahah

    11!!!!!!!!!!!!!!!!!!

  • Show us your tits!

  • President BJ Lewinsky! LMAO

  • I like the why you talk.

  • I am confused about the remark on the 6 minute mark when he calls him a sheep for holding physical silver and to invest in junior mining stocks. Junior mining stocks are purchase with fiat currency and when sold are returned as fiat currency. Please advise. Great videos.

  • @moccproperties

    Will be posting info on this sunday on my blog.

  • @moccproperties He is not calling him a sheep for holding physical silver. He is saying that anyone who holds physical silver "for an investment" is a sheep. He is recommending silver as a hedge against hyperinflation, where fiat currency will be worthless and hence, you won't be able to sell your "investment" for a return. He is saying that if you want an investment, you are a sheep and should just buy the silver miners, but if you want protection from currency collapse, buy silver.

  • @deanmat Are these two talking guys bears or sheep?

  • Website is down, no idea if I can get a normal human to programme it, without blowing my head off. I may be going straight blog now. I will be revamping it this weekend, hopefully ready to give you juicy info 3-4 times a week.

  • I will be posting all texts versions soon within the month, as my website is still under major construction. I may have to put it on my blog...

  • @MrSilvergoldsilver What is your blog web address ?

  • Helpful suggestion... would you copy n paste the text file version into the comments also. Occasionally names / words are ill-pronounced by the robot speech and hinders following -up on this fascinating material (especially for the rookies like myself).. THANKS AGAIN FOR ALL YOUR PRICE-LESS STRAIGHT-TALKING !

  • How much greater would silver demand be if all the sterling silver sold by jewelers were really sterling silver?

  • silver is a bubble !!! it is falling to 12 buck bwaaaa haaaaa haaaaaaa

  • @quadcatfly yea in your dreams.. well I should say.. your paper may fall to 12.00 but the physical won't.. so what good does a 12.00 paper silver price do you?

  • @quadcatfly

    I would highly encourage you to seek professional mental help.

  • @MrSilvergoldsilver lol im 12 and i wouldnt write somthing so stupid like quadcatfly did

  • well im 12 and what is this

  • @quadcatfly R u kidding ?.

    Or you are a banker and want the suckers (other word for public used by bankers) to sell your lousy papermoney and bonds

    or you are a sodium flouride nitwit.

  • @quadcatfly you sound like my shithead uncle that went long the dow in 2007

  • @mrsilvergoldsilver.. do you feel that most of the leveraged longs in silver have folded their tents? I don't think there is to many more chumps to get raped.

  • @SIERRAHPBT

    Leverage in physical or paper? paper yes, physical no. Buying physical 10:1 hasnt even begun yet...

  • Blythe Masters

  • Ben Bernak is on QE to INFINITY!

  • I think I am absolutly STUPID.. can someone please tell me who BLYTHE is?

  • By the way , great info in ur vids.

  • MrSilvergoldsilver.. I have not been able to figure out who blythe is. Can you please tell me. Thanks

  • @SIERRAHPBT I cannot explain this in writing on here. Someone else write this out on here please and explain who the master is....lol

  • @MrSilvergoldsilver spill the beans genius... lol.

  • @MrSilvergoldsilver , But wait, wont the "physical" be "food and water". Im not trading my green beans for silver. Grocery stores shelves will be WIPED CLEAN! With that being said, I still have 50 ounces or so just cause "ZeitgeistMovie has my 31yr old mind in bonkers, lol" So either way I win, but just sayin. P.S. I really enjoy the vids!

  • @SIERRAHPBT

    Blythe is the Head of Commodity Trading at JP Morgan.

  • @TFMetals thanks. I thought it was something with JP but just wanted to make sure.

  • @SIERRAHPBT Blythe Masters

  • Comment removed

  • @SIERRAHPBT Blythe Sally Jess Masters is an economist and current head of global commodities at J.P. Morgan Chase, and led the development of so-called Credit Default Swaps (CDSs) widely used by financial institutions.

  • @hack3434 thank you sir.. I appreciate your reply.

  • Great video! I sent it to my a bunch of my friends. but I can't send it to a lot of other people because the language is a bit too much. Maybe you can tone down the language for part 4?

  • how do you check that the coins are fake, i am a first time buyer

  • "Dammit! Didn't want to squirt it out yet." You're a real wordsmith Mr. Agauag.

  • How can I do a video response to this?

  • @tradergee1 Easy. Get a camera. Record. post on youtube. Post link in here.

  • @MrSilvergoldsilver Yes i have a channel (tradergee1) and I talk silver also. but there used to be a link that said "post a video response" and now its gone.

  • Silver, seeds, ammo

  • ALERT: I am a buyer of more physical at $25.50-26.50. Next week should give you this opportunity to buy at these levels. This range might be the bottom of 2011-lets see what happens! Either way, my wallet is open and whats left in it will be trading my worthless paper in for solid maples. NOTE: I am not buying US Eagles anymore, I do not trust that they are pure silver. And ANY tubes I get I always pick a random coin and rigorously test it to make sure its not plated, fake, etc.

  • @MrSilvergoldsilver I have some US Eagles how can check they are not fake??

  • @MrSilvergoldsilver

    check out my vid. i bought silver in shanghai. didn't have to wait 3 months,got it right at the counter. But cost me 100 dollars for 50 grams 1.785 ounces

  • @MrSilvergoldsilver how do u check if silver coins are fake

  • @MrSilvergoldsilver Thanks for keeping us in the loop. Are the hedge funds still planning on buying March futures starting in early February?

  • @MrSilvergoldsilver The only problem with buying stock, is that if it goes to let say $100, and you make 100,000 on that trade, IF hyperinflation sets in, by the time you get your money settled into your account, it may be worthless with days. Hence, holding the physical should always retain its true value for trade.

  • Interesting day today....yes I am Nostradamus!

  • @MrSilvergoldsilver Too right! I am laughing but crying at the same time. They have knocked it down $4 in 16 days....I am amazed at this since a lot of people are now getting the message about silver running out. Today was definately interesting. I bought silver at $20 or so. Though I am wondering where the bottom is going to be considering they want to knock it down a fair bit. I think it could go down as low as $15 at the most!

  • Have a look at: answers (dot) com/bunker+hunt?gwp=11&ver=2.4­.0.651&method=3

    As Bunker said when it collapsed; "A billion dollars isn't what it used to be". They were trying to corner the market.... watch closely and don't sell too soon.

  • @iamikbal I think what Mr. Silver is saying is that someday you'll need true assets like physical silver and gold in order to barter for food, etc. when it hits the fan. Paper currencies will be worthless when the NWO decides to crash the system and no one in their right mind will trade food for paper.....

  • Thanks for the tip! This might be a dumb question, where is a good place to buy physical gold and silver? Jewelry shops?

  • When is part 4 coming out?

  • @torquemada3599

    No idea. I'll let this play out a bit, see if I'm right :)

  • well i just took a loan out for £15.000 at 7.5apr over three years,and invested it in silver and i cashed my isa that was £15.000 and put it into silver.so i guess i am a massive sheep boy!!

  • This may be one of the best videos I've ever watch. Extremely informative! Keep up the good work! Nyquil762

  • END THE BEN BERNAK.

  • Many pm holdings in the world man.

  • @todd2265 china doesn't want the dollar to crash just yet, they have alot of dollars and since jp Morgan is manipulating silver to make the dollar look good when it is worth less than the cloth it's made of they can as well and get physical silver for their dollars.

  • CBS marketwatch.....

    "Timothy Geithner warned that the U.S. government may have to bail out major financial institutions again if there’s a crisis as big as the last one, according to a report released Thursday by a group overseeing the Troubled Asset Relief Program. "

    May be JPMorgan is forseeing issues. BTW, Chase has been giving out incentives for people to open new checking account. I have not seen that kind of promotion since the banks folding in 08.

  • Come to think of it, people should sell their gold and buy silver instead. US government had seized gold from civilians before and they will do it again.  Silver amount is so little, it won't help financial meltdown. And silver will have higher gain headroom.

  • Just look at the spot price: Silver surges to higher highs, based on sheer demand for the physical. Someone at JP Morgue, then presses a button, on order of Blythe (or someone over in China) to short the hell out of it using paper contracts. Silver promptly drops ~$3+ in a couple of days.People then start loading up on the physical again, pushing it to new highs, before the same thing happens again. It is now reaching the end game though - march is the date the price goes parabolic.

  • END THE FED.

  • @iannetta11 Agree, but when it happens you can kiss your #$%^& goodbye. Better be stocked up and prepared! Survival is key!

  • @dallas1028 God, Guns, Gold, and Goods. The 4G Network for survival.

  • Is there a difference in buying Gold futures compared to GLD (ETF)? The 1 year charts are identical.

  • @LenWhistler No, but there is 1 similarity between them. They are merely paper promises, and you will be fucked if you buy them, because they aren't backed by anything.

  • Don't worry about the price, but be sure you have enough fiat to feed your face until silver takes off.

  • @iamikbal As the price is beaten down, the actual physical silver will be all purchased and there won't be any physicall silver to buy when the price gets down that low. After that happens it will go parabolic.

  • @iamikbal The distinction I think is that "investments" are typically thought of as buying/selling for short term cash profit. We're holding physical to protect us from the cash itself.

    Personally wouldn't mind trading in my physical for some real estate someday. :)

  • As this thing heats up it would be an idea to dress the bear giving the insider info like he is undercover......sunglasses and trenchcoat?

  • WTF i'm confused. I told my bank I want to take delivery of my silver and they told me I can only exchange for dollars. LOL so this whole thing is a scam. What I actually own is a paper certificate that represents silver. My bank promises me that real silver is held by another company in place of this certificate. IE Paper backed by silver (or a commodity backed paper). SO I have the equivalent of silver backed currency that the US used to use before nixon dismantled it.

  • i bought silver at $18.95 in August 2010. It's up to $29.47 or up 55% in 5 months. However the US govt. taxes the crap if i sell for a profit. It's 30% tax if sold for profit. It's been struggling at 29-28 for the last month. I wish I'd bough in 2003 when bush was starting the dollar's collapse and silver was $5. That was the deal of the century back then. I was seriously thinking of selling because it's been staying at 29 but I'll wait to since what you say makes sense.

  • @iateyourham you sell now and you'll hate yourself in a year or two...

    or ten.

    I'm holding mine till I'm an old fart.

    Retirement.

  • @iateyourham

    Tell me you didnt buy this from a US Bank, right? You need to be buying physical silver and gold discretely, DO NOT BUY IT FROM A BANK YOU WILL BE BLACKLISTED. And, taxed if you sell it back to them!

  • @MrSilvergoldsilver A blacklist ? Can you tell me a bit more ? I bought a couple hundred of oz lately. I am in US.

  • @iateyourham why peeps sell so much of it on ebay...

  • Brilliant mate, what a laugh !

  • Julian Assange Hung!

    youtube.com/watch?v=i23b3JL4w4­I

  • Silver and Gold are all that matters.

    The $ is going to be worthless soon anyways.. Even the Yen will be worth more by 2012... haha

  • First off, there is nothing wrong with thinking or using Silver as an investment, nor is there anything wrong in buying mining stocks. I own both mining stocks and physical metal and no, stocks are not paper! It's a mere representation of buying a portion of a company and if you choose them right, you'll be in good hands. It will not matter if the dollar crashes b/c stock will revalue to another currency especially when it is transfered to a Registered Agent.

  • @vinny1010 I hope you are correct any good mining stocks???

  • @buzzz121 I personally have the following mining stocks: SLW, EXLLF, FVITF, PLM, and JINFF. PLM should get a permit no later than 2012 and there is a lot copper under their land. Of course mining stocks are more risky, so put your money accordingly. Personally I have more in mining stocks than physical metal only bc there is more money and leverage I can take adv of. Once you are finished with all trades long term, have shares xfered to Registered Agent in case your firm goes belly up

  • @vinny1010 Thank you, but if dollar is devalued how/why do we sell our stocks for Dollars? sorry for the ignorance, PS-What is the meaning of a registered agent do you mean my brokerage firm?

  • Comment removed

  • @buzzz121 So if your brokerage firm goes belly up and your stocks are with them, you are affected and you get paid in dollars if SIPC kicks in so this is not good. Having your stocks xfered to registered agent, usually ComputerShare, makes the stocks in your name rather than the brokers name. When the dollar crashes and new currency is formed, you simply tell the agent to transfer it to a brokerage firm that is still in existence and then you sell stocks for new currency. I hope this helps

  • @vinny1010 Thanks! Now I got it! any thoughts/picks on Jr Mining & royalty companies??

  • @buzzz121 Yeah, I got those to you. Again, I have EXLLF, FVITF, JINFF, PLM, and SLW. PLM will be a little frozen until latter part of this year as they will get the permit in summer of 2012. These are long term picks. Do no panic when they take a hit when silver goes down. It is normal, just ride it out. Please choose based on what your thoughts are. These are just my personal picks, the ones that vibe with me. Good Luck!

  • @vinny1010 thnx!!!!!

  • Comment removed

  • I just saw this at Harvey Organ's website. He endorses your video

    Our silver bears are back!!!!: I would like everyone to hear their story as it is very accurate as to what is going on behind the scenes:

    Part 3 video of Silver Manipulation Explained. Enjoy!

    Many thanks to Chris and all the gang in the preparation of this video!!!!

  • Two month window to buy silver? Give me a break. I'm a huge silver bull, but people should be strategic about getting into the market. Just dollar-cost-average into silver by buying a little every month when you have savings.

  • @ggadguy Word has it that the Open Interest is skyrocketing because former JPM people are advising investors to buy COMEX contracts and pay up to stand for delivery in March. There's about 50M ounces of silver available for immediate delivery at the COMEX (about 10,000 contracts), while the total number of contracts for March is close to 80,000. If enough ask for delivery either the COMEX depletes its stockpiles or (much more likely) they settle in cash at a very hefty premium. Crazyness ensues.

  • @ggadguy

    Okay. You dollar-cost average like your advisor told you so, I'll buy the next dips till march delivery. Good night...hope you saw bullion vault run out of silver by now. Good luck.

  • @MrSilvergoldsilver Today would be a GREAT time to buy "the dips" as you said.

  • CRASH JPMorgan-Chase Free Files for stickers and labels

    Do a search for Walkabout Ventures+Crash JPMorgan

  • 5:53: "So what the f*** are your crying for about silver going down $2!"

    "F*** yourself mate. How about that!" LMAO

  • Informative AND funny, thanks.

  • Please issue a version without the juvenile humor. It turns off adults.

  • @Horse237 well, miserable ones anyway.

  • Can someone explain to me how the Chinese get delivery when selling short. If they are "selling" it, why do they receive it? Thanks in advance.

  • Mr. SilverGoldsilver - why no transparency? The bears are cute - no doubt but are you purposely trying to conceal your identity or not. If so, please explain why. I am Long on physical and paper (with stops) here and helpless as to my next move.

  • Very clever info thanks

  • @iamikbal 1. The chinese are merely holding it down for you to buy it. The Chinese are doing you a favour. 2. Survival in a hyperinflationary crackup boom. That's not strictly investment, it's survival. One invests for gains, what you are really doing is preserving your wealth in savings. You see the price going up but really the dollar is failing and silver is remonetized as god intended. Peace.

  • Brilliant analysis!!!

  • I've been buying physical Ag for some time and have a broker. Should I consider waiting for the bottom of this impending collapse to add more physical. If I'm reading the tea leaves correctly, this will prove similar to the '08 Crisis where Sheeple throw EVERYTHING including the baby into the bathwater. I'm expecting weak hands as a result. If I'm wrong, can I expect greater delays & premiums on bullion if I try to bottom-feed this?

  • Comment removed

  • @iamikbal

    Simply, the idea is that either way the Chinese will ask for delivery, short or long, but if they drive the price down they will get more for less. They, unlike you, will be offered more money as a premium for not taking delivery, stacking the pile of lies higher. But you can accept it at this low price before it goes up for real. You can try to buy lower or you can buy with confidence that your paper is now converted to something real before the mass public gets a clue.

  • 2 months! i'll hold you to that mrsilvergoldsilver

  • why not in HD? i need more visual detail! lol

  • BUY THE F---ING DIPS!!

    and

    END THE FED

  • @iamikbal Get yer' physical at any price !

  • silver bitches!

  • Eventually the paper and physical prices will decouple when people finally realize the paper (ETF) have no silver (or gold).

    Paper will burn, physical will rocket.

  • FORGET THE UPS AND DOWN IN PRICE MOVEMENT - JUST GET PHYSICAL POCESSION..

  • @BullionLimitedotcom

    Bad Spelling

    Solid Advice

    I'm now of the mind to say to hell with those sheep who aren't savvy enough to buy---just now make sure you buy some lead, food, fuel and get ready to get somewhere when the idiot sheep come a'callin'

    END THE FED

  • @savagegalt - opps bad spelling, wont effect the metals price though hahaha!!!

  • @BullionLimitedotcom

    and what happened today (and will continue happening) ?

    Silver spot is back up...and the real price is above that (when Apmex physical stock isn't sold out of worthwhile Johnson Matthey & Englehart 10 & 100oz bullion bars.

  • You will all need plenty of food too when this ponzi scheme collapses...remember the sales when people trampled on each other to buy stuff they don't need?they'll be hungry people soon, then how will they treat their fellow humans?

  • @Graham1786

    if that happens (pandemonium) then you're toast anyway (i.e. - army choppers that are already in place in all major cities with the knockout gas - I didn't believe this until I read the declassified docs, scary s---).

    More likely scenario is remaining oligarchy businesses will have plenty of security and will gladly take your money provided you can make it through the police-shot bodies and barricades.

    :P

    Note, though, the sheer authority of speculation. e-foods direct

  • Excellent stuff...got plenty a physical now buying juniors...sprott owns 20% of Arian silver...could be a ten bagger within 12 months DYDD ;)

  • @iamikbal Very good point. Me too. This is ALL just speculation. The Rothschilds could be steering us into a "gold standard". This would only benefit them. I say "Lets LOOT them". Start over. Even the playing field.

  • 4:49 - 4:54 !!

    LOL !!!

  • @iamikbal I will tell you now (1-8-11) silver will LIKELY go much higher. I expect it will go down (in the near future) maybe test the 28 dollar mark. I could be wrong but do not see it going lower than 25 to 23 dollars (at which point I'm ALL in). In the next 1-2 years I see 80+/ounce silver. Silver more than likely will be the best investment in all of history. Or this could all be a farse. We are ALL just speculating. The question is...How LONG can the US hod the illusion?

  • @iamikbal You need to learn relativity. If the price goes down there will be less inflation and you will be stolen from less. If the price goes way up there is more theft through devaluation and you have protected yourself MORE. If they try to manipulate the price AND print. In other words try to have thier cake and eat it too. There has to be enough people in the market buying and selling and watching inflation and demanding more for silver when they sell it. The truth needs a loop.

  • @iamikbal

    Might go down, yes, maybe-no. Buy lower if you can. Buying physical silver is different from buying silver stocks or ETF's. Physical "investments" serve a totally different purpose. In the end, I would never accept a fiat 'price' in paper back for the physical. Hope this clears things up.

  • @MrSilvergoldsilver Well it might clear things up for iamikbal, but not for me. So physical silver is the way to go?

  • This will be a VERY interesting year. I just sit back and smile when the 'more educated' tell me I should get out while I can, that silver is a bubble and that I should buy small cap stocks instead. Yeah, right. Silver, gold and food is where I am making my investments for quite some time.

  • Hell Yeah, in 2 months this shall be a good birthday present!

  • A few more questions MrGoldSilver, when the chinese short silver, where does the silver come from that borrow to sell onto the market? I imagine there is a pool set aside by investment houses for people who want to short. Does the chinese short borrowing come from american banks or chinese banks? My guess would be american banks. This type of "fck off" that we are discussing here, where china will not cover the short, wouldnt this be a good reason for a war to break out? Pardon my speculation

  • MrSilverGold, can you explain the portion around 3:20 where you discuss the chinese silver short? It needs more explanation for me bc I dont understand paper game that well. Chinese have mass us fiat, chinese want physical, to perform a short chinese borrow silver (paper silver I presume), sell it on the open market, this drives price down temporarily, chinese take delivery of phys silver. Now what happens when chinese have to buy the silver back to cover the short? will they just say fck off?

  • @lilbromarky1

    100% correct. They will just keep rolling the shorts to infinity to the entire thing blows up, while taking the physical all along at cheap prices.

  • @MrSilvergoldsilver Okay to short something you need to have some money in your margin account in case the price rises instead of falls, so it sounds like they use a portion of their massive US dollar holdings to borrow paper shorts, use the rest of the us fiat to buy whatevever physical they can when the price drops in reaction to the short term price dip. One other question. I read about open interest on harvey organ's blog but his terminology is confusing. Can you define "open interest"?

  • @lilbromarky1 Futures aren't like stocks with some number of shares issued and outstanding; instead, it's a zero sum game in which every long contract is matched by someone else's short somewhere else. The total number of contracts out, either the number of longs or of shorts (because they are equal), is the open interest. If you are already long but you sell it, the open interest drops by one, because someone else's short bought your position (back) canceling it. But you might still profit.

  • @MrSilvergoldsilver

    Playing the US version of their own game with their own(US) currency. Brilliant. When in Rome...

  • @MrSilvergoldsilver

    Please explain why JPM is delivering the silver they own to the Chinese. If the point of the chinese short is to force the price of silver down so that more hedge funds jump on the silver train intending for long delivery, what is preventing JPM from saying "Fuck you" to the Chinese and simply delivering the long silvers to the other establishments that have gone long silver? Other establishments which may be allied central or large US banks?